Aperam (APEMY) to Announce Earnings on Thursday

Aperam (OTCMKTS:APEMYGet Free Report) is expected to be releasing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.6450 per share and revenue of $2.0439 billion for the quarter.

Aperam (OTCMKTS:APEMYGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). Aperam had a return on equity of 0.94% and a net margin of 0.49%.The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.82 billion. On average, analysts expect Aperam to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Aperam Price Performance

Shares of APEMY opened at $54.06 on Wednesday. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. Aperam has a 12 month low of $29.17 and a 12 month high of $61.65. The stock’s 50 day moving average is $55.45 and its two-hundred day moving average is $49.36. The firm has a market cap of $3.96 billion, a P/E ratio of 117.52 and a beta of 1.36.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Zacks Research upgraded Aperam from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th. Jefferies Financial Group raised shares of Aperam from a “hold” rating to a “buy” rating in a report on Wednesday, April 15th. Citigroup restated a “neutral” rating on shares of Aperam in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research report on Thursday, May 14th. Finally, BNP Paribas Exane lowered shares of Aperam from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Aperam presently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on Aperam

About Aperam

(Get Free Report)

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.

Featured Stories

Earnings History for Aperam (OTCMKTS:APEMY)

Receive News & Ratings for Aperam Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aperam and related companies with MarketBeat.com's FREE daily email newsletter.